Show that for X = a + bY the correlation of X and Y is =
Question:
Show that for X = a + bY the correlation of X and Y is ρ = 1.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 77% (9 reviews)
First of all notice that VarX b 2 ...View the full answer
Answered By
Simon kingori
I am a tier-one market researcher and content developer who has been in this field for the last six years. I’ve run the freelancing gamut; from market research, data mining and SEO/SMM to copywriting, Content Development, you name it, I’ve done it. I’m extremely motivated, organized and disciplined – you have to be to work from home. My experience in Freelancing is invaluable- but what makes me a cut above the rest is my passion to deliver quality results to all my clients- it’s important to note, I've never had a dissatisfied client. Backed by a Masters degree in Computer Science from MOI university, I have the required skill set and burning passion and desire to deliver the best results for my clients. This is the reason why I am a cut above the rest. Having taken a Bsc. in computer science and statistics, I deal with all round fields in the IT category. It is a field i enjoy working in as it is dynamic and new things present themselves every day for research and exploration.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
You are considering investing in two securities, X and Y. The following data are available for the two securities: a. If you invest 40 percent of your funds in Security X and 60 percent in Security Y...
-
Scalping College Basketball Tickets: At many universities, college basketball is intensely popular and, were tickets sold at market prices, many students who wish to attend games would not be able to...
-
1. The following relations describe demand and supply. Q = 700 - 100P (1) Q = -100 + 100P (2) Where P is price in dollar and Q is quantity in unit. a. Which equation (1) or (2), is demand equation...
-
Determine A in the indicated figures. Fig. 2.40 (a) A 84 (a) 40 B
-
Accompanying a bank statement for Borden Company is a credit memo for $21,200 representing the principal ($20,000) and interest ($1,200) on a note that had been collected by the bank. The company had...
-
Come and Go Bank offers your firm a discount interest loan with an interest rate of 7.3 percent for up to $20 million, and in addition requires you to maintain a 4 percent compensating balance...
-
Use arbitrage to calculate forward selling of yens against euros at 3 months. What information do you need to do the calculation?
-
Wayman Corporation reports the following amounts in its December 31, 2015, income statement. Required: Prepare a multiple-step incomestatement. Net sales Interest expense Salaries expense Utilities...
-
Situation E: (questions 15 & 16) The promoter of a show knows that the fixed costs per performance are $10,000, including artists' salaries. Variable costs are $2 per person: programs, insurance,...
-
George Pharmacy is a pharmaceutical salesman who has been very successful at his job in the last few years. Unfortunately, his family life has not been very happy. Three years ago, his only child,...
-
Why are all returns on the CML perfectly negative correlated with the SDF?
-
Verify that this process satisfies the martingale condition (9.22). (9.22) , %3 ' +1F1 = 6 E[ Brk\Fi]
-
What are the two ways of using a spreadsheet to calculate present value?
-
Discuss the seven stages of VM reviews.
-
What is a SOI?
-
List some of the important additional requirements for a successful VM implementation.
-
What is the difference between a capability and a function?
-
Explain the relationship between classifier systems and production systems. How are classifier systems built? What advantages do they have over production systems?
-
A force of 13 N is needed to keep a spring with a 2-kg mass stretched 0.25 m beyond its natural length. The damping constant of the spring is c = 8. (a) If the mass starts at the equilibrium position...
-
A business had revenues of $280,000 and operating expenses of $315,000. Did the business (a) Incur a net loss (b) Realize net income?
-
A research analyst runs the following two regression models used to predict how sales of brand B (the dependent variable) are influenced by the perceived quality of brand B (PQB) and attitude toward...
-
What is the difference between partial and full mediation?
-
Define a moderation effect. Give a typical example. How do they account for context?
-
The transactions in the journal and the accounts in the ledger are linked together by a transfer process called:Group of answer choicesaudit trailmigratingpostingbalancing
-
Garbo township recorded it's police departments appropriations for the year ending June 30, 2025. Police appropriations had increased to $7,600,000. During the year's first budgetary month ending...
-
QUALITY INDICATOR: Ninety-five percent of physician appointments/reappointments will be completed within 90 days of receipt of all required materials. medical staff office health information business...
Study smarter with the SolutionInn App